Case Study: Broadridge cuts open-source approval time from days to minutes with CAST Highlight

Broadridge cuts open-source approval time from days to 10 minutes with CAST

Broadridge Financial Solutions, a provider of critical financial software, faced a significant challenge in managing open-source risks across its vast portfolio of over 400 applications. The process for approving the use of open-source components was extremely time-consuming, often taking days for a single approval, which created a major bottleneck. To address this, Broadridge implemented CAST Highlight from vendor CAST to automate its software composition analysis and establish a comprehensive governance program.

The solution from CAST enabled Broadridge to create an open-source 'control tower,' providing complete visibility into over 13,000 components. This automation slashed the approval process for new components from days down to just 10 minutes. Beyond accelerating approvals, CAST Highlight's insights were also adopted by Broadridge's M&A team for technical due diligence, allowing them to factor open-source risks into deal terms and achieve more accurate asset valuations.

Broadridge